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Bitcoin's Outflows Are Signaling Big Things Despite Recent Profit-Taking

Summary by Bitcoin Ethereum News

The post Bitcoin’s Outflows Are Signaling Big Things Despite Recent Profit-Taking appeared on BitcoinEthereumNews.com. Bitcoin briefly surpassed $88,000 earlier this week, amidst a recovery following several catalysts, including GameStop’s surprise $1.3 billion capital raise for Bitcoin allocation. Despite this surge, the crypto asset quickly retraced, falling by 3% over the past 24 hours, as traders appear to have cashed in on the brief relief …

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Bitcoin Ethereum News

Bitcoin's Outflows Are Signaling Big Things Despite Recent Profit-Taking

Bitcoin briefly surpassed $88,000 earlier this week, amidst a recovery following several catalysts, including GameStop’s surprise $1.3 billion capital raise for Bitcoin allocation. Despite this surge, the crypto asset quickly retraced, falling by 3% over the past 24 hours, as traders appear to have cashed in on the brief relief rally. However, BTC flows across all exchanges suggest that a strong rally may come to fruition soon. Bitcoin Withdrawa…

3 days ago

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The Merkle Hash

Bitcoin’s Price Surge Boosted by Major Exchange Outflows and Whale Accumulation

Bitcoin’s price continues to impress, reaching an all-time high of about $88,350 and marking a rebound from the dip a couple weeks ago of around $77,500. Multiple supposedly “significant” factors appear to be driving this price action, among them: supposedly meaningful exchange outflows, renewed accumulation by so-called Bitcoin whales, and, it seems, an overall upswing in how people seem to feel (or are pretending to feel) about the market rig…

4 days ago

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Blockchain & Cryptocurrencies Tabloid

Bitcoin Sees Major Exchange Outflows in March 2025 - Blockchain & Cryptocurrencies Tabloid

Over 27,740 BTC withdraws from exchanges, indicating significant market activity. The post Bitcoin Sees Major Exchange Outflows in March 2025 appeared first on Blockchain & Cryptocurrencies Tabloid.

5 days ago

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